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5518 Gulf Drive, Panama City, FL 32408

Panama City
Local realty services provided by:CENTURY 21 First Story Real Estate
5518 Gulf Drive,Panama City, FL 32408
$1,399,000
  • 4 Beds
  • 4 Baths
  • 2,414 sq. ft.
  • Single family
  • Pending
Listed by: alexandra maddox
Office: the premier property group
MLS#:787812
Source:FL_BCMLS

Price summary

  • Price:$1,399,000
  • Price per sq. ft.:$579.54

About this home

**CURRENTLY UNDER CONTRACT, SELLER WILL CONSIDER BACKUP OFFERS** Gulf views, directly across from the beach AND beach access--5518 Gulf Drive offers the ideal blend of location, space, and flexibility, making it ideal as second home rental investment, with the benefit of no HOA. Situated on a large corner lot on the east end of Panama City Beach, this home is designed with both comfort and functionality in mind. Newer construction and featuring a spacious living and kitchen area that opens to a private pool and a large patio with both covered and uncovered spaces--perfectly blending indoor and outdoor living for easy gathering and entertaining.The thoughtful layout includes two primary suites, along with two additional bedrooms with en suite baths, and 2 sets of full bunks - enhancing it's versatility to host large groups without sacrificing privacy. The private pool makes this a true vacation-style setting, while the front porch and expansive second-floor deck offer additional...

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Home facts

  • Year built:2019
  • Subdivision & Development:Gulf Lagoon Beach
  • Listing ID #:787812
  • Added:205 day(s) ago
  • Updated:October 25, 2026 at 07:40 AM

Rooms and interior

  • Bedrooms:4
  • Total bathrooms:4
  • Full bathrooms:3
  • Half bathrooms:1
  • Rooms Total:8
  • Flooring:Plank, Vinyl
  • Kitchen Description:Electric Oven, Electric Range, Tankless Water Heater
  • Living area:2,414 sq. ft.

Heating and cooling

  • Cooling:CeilingFans
  • Heating:Electric

Structure and exterior

  • Roof:Metal
  • Year built:2019
  • Building area:2,414 sq. ft.
  • Lot area:0.13 Acres
  • Architectural Style:Coastal
  • Exterior Features:Balcony, Deck, Outdoor Shower, Patio
  • Levels:2 Story

Schools

  • High school:Arnold
  • Middle school:Surfside
  • Elementary school:Patronis

Utilities

  • Sewer:Sewer Available

Finances and disclosures

  • Price:$1,399,000
  • Price per sq. ft.:$579.54
  • Tax amount:$12,942 (2025)

Features and amenities

  • Amenities:ElectricOven, ElectricRange, TanklessWaterHeater
  • Pool features:Fenced, InGround, Private

Parking

  • Parking description:Additional Parking
The information being provided by Central Panhandle Association Of REALTORS® is for the consumer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumer may be interested in purchasing. Any information relating to real estate for sale referenced on this web site comes from the Internet Data Exchange (IDX) program of the Central Panhandle Association Of REALTORS®. CENTURY 21 First Story Real Estate is not a Multiple Listing Service (MLS), nor does it offer MLS access. This website is a service of CENTURY 21 First Story Real Estate, a broker participant of Central Panhandle Association Of REALTORS®. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. The accuracy of all information, regardless of source, including but not limited to open house information, square footages and lot sizes, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals. The data contained herein is copyrighted by Central Panhandle Association Of REALTORS® and is protected by all applicable copyright laws. Any unauthorized dissemination of this information is in violation of copyright laws and is strictly prohibited. Properties in listings may have been sold or may no longer be available. Copyright 2026 Central Panhandle Association Of REALTORS®. All rights reserved. FL_BCMLS Member Broker: Debbie Kirkand

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